The Desk


Also found in: Dictionary, Thesaurus, Encyclopedia.

The Desk

The trading desk at the Federal REserve Bank of New York through which open market purchases and sales of government and federal agancy securities are made. The desk maintains direct telephone communication with major government securities dealers. A "foreign desk" at the Federal Reserve Bank of New York conducts transactions in the foregin exchange market.

The Desk

The Securities Department at the New York Federal Reserve, which carries out all of the Federal Reserve's orders to increase or decrease the dollar supply when interest rates are changed.
References in classic literature ?
With these comforting remarks, Mr Rugg seated himself on an office- stool at the desk and proceeded to business.
When they had severally remained in this condition for some minutes, Miss Sally all at once gave a loud rap upon the desk with her clenched fist, and cried, 'I've hit it!'--as indeed she had, and chipped a piece out of it too; but that was not her meaning.
Poor Traddles, who had passed the stage of lying with his head upon the desk, and was relieving himself as usual with a burst of skeletons, said he didn't care.
Now, I had made no attempt to walk, since my first signal failure, except while tightly grasping Tars Tarkas' arm, and so now I went skipping and flitting about among the desks and chairs like some monstrous grasshopper.
Due to the consistent nature of the Desk Clock Market, a large number of global players operating in the industry such as Philips Electronics, Braun, SDI Technologies, Rose Enterprises, and GiftEzee.
They also highlighted the salient features of the Child Protection Act and other laws on the women's rights and said the AC-I had been tasked with hearing the cases of women and children's desk, while progress of the desk would be examined on fortnightly basis.
You can pin up 1-2 pictures on the board, or frame it and keep on the desk. This will give a sense of being close to your loved ones.
Speaking about the Desk, the Sindh Police chief said that the
Speaking about the Desk, the Sindh Police chief said that the objective of establishing the Desk is to stop the incidents of harassment of women and children and initiate action against the culprits.
He said that the staffers of the desk will be paid double monthly salaries and only those have spirit to serve the humanity, they will be provided opportunities to work on the Desk.
The desk at Huddersfield Police Station will now operate only during set times.
A simple double tap allows a worker to adjust the desk's height from 25 to 50.5 inches.